Walker Simpson Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 09246202 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 October 2016

for

Walker Simpson Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

J W Simpson

Mrs C T Simpson

REGISTERED OFFICE:

145a Ashley Road

Hale

Cheshire

WA14 2UW

REGISTERED NUMBER:

09246202 (England and Wales)

ACCOUNTANTS:

Beauchamp Charles Chartered Accountants

145a Ashley Road

Hale

Altrincham

Cheshire

WA14 2UW

FIXED ASSETS

Tangible assets

2

1,928

1,618

CURRENT ASSETS

Debtors

6,926

-

Prepayments and accrued income

-

25,000

Cash at bank

-

5,303

6,926

30,303

CREDITORS

Amounts falling due within one year

8,736

31,763

NET CURRENT LIABILITIES

(1,810

)

(1,460

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

118

158

CAPITAL AND RESERVES

Called up share capital

3

102

Profit and loss account

16

56

SHAREHOLDERS' FUNDS

118

158

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 2 January 2017 and were signed on its behalf by:

J W Simpson - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on cost and 25% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2015

2,323

Additions

1,516

At 31 October 2016

3,839

DEPRECIATION

At 1 November 2015

705

Charge for year

1,206

At 31 October 2016

1,911

NET BOOK VALUE

At 31 October 2016

1,928

At 31 October 2015

1,618

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.16

31.10.15

value:

£

100

Ordinary

1

100

1

Ordinary A

1

Ordinary B

1

102